It will cost you nothing to "kill" a proof-of-stake crypto-currency

It is a widely spread belief that crypto-currencies implementing a proof of stake transaction validation system are less vulnerable to a 51% attack than crypto-currencies implementing a proof of work transaction validation system. In this article, we show that it is not the case and that, in fact, if the attacker's motivation is large enough (and this is common knowledge), he will succeed in his attack at no cost.

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Year of publication:	2014-05-11
Authors:	Houy, Nicolas
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 34.2014, 2, p. 1038-1044
Publisher:	AccessEcon
Subject:	Bitcoin \| protocol \| proof of work \| proof of stake \| 51% attack

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Extent:	application/pdf
Type of publication:	Article
Classification:	D4 - Market Structure and Pricing ; Z0 - Other Special Topics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010770409